But a review of financial metrics for 2005 shows a more balanced revenue picture across the major business segments of the world’s top financial institutions.
Retail banking is still delivering solid growth. But wholesale banking activity has grown even faster, as have asset and wealth management.
Share of total revenue earned by 15 top-tier banking institutions, almost $166bn, is still dominated by the activities of traditional retail and wholesale banking. However, more balanced growth into the future will change these metrics and technology investments as well.
James R. Eckenrode is managing director of the banking and payments practice at TowerGroup.
